In terms of working capital, Eqonex Limited maintains a healthy position.
The total current assets of the company are valued at $54563774.
This represents a growth rate of -35.688% compared to the previous year.
Breaking down the current assets, the cash and investments are worth $6403238, exhibiting a growth rate of -88.817% year-on-year.
The receivables, another significant portion of the current assets, are valued at $324493.
The year-on-year growth rate for receivables is 0.862%.
The inventory, which forms a critical part of the assets, is valued at $1984318.
This represents a healthy year-on-year growth of -33.788%
On the liabilities side, the company's current liabilities total $50408253.
This reflects a growth rate of 25.042% over the previous year, indicating the company's financial obligations are well under control.
2022
2021
2020
2019
2018
Cash and investments
6.40
57.26
0.99
0.74
6.11
Receavebles
0.32
0.32
1.62
0.31
0.20
Inventory
1.98
3.00
1.29
11.36
0.00
Other
43.59
24.26
0.87
11.26
6.32
Total Current Assets
54.56
84.84
4.77
1.15
0.01
Acc Payable
2.76
3.46
7.74
1.04
0.00
Short Term Debt
0.93
0.73
13.52
12.35
0.00
Other Current Liab
42.08
32.22
0.54
1.13
0.00
Current Liabilities
50.41
40.31
24.15
14.52
0.00
Capital Structure
When examining the capital structure of Eqonex Limited, it is clear that the company manages a robust portfolio.
When juxtaposed with the previous year, this marks a growth rate of -100.000%, showcasing the company's ability to steadily grow its asset base.
Compared to the prior year, this reflects a growth rate of -100.000%.
Over the last year, the long-term debt has grown by -100.000%.
The year-on-year growth of these reserves is -100.000%.
These earnings represent the profits that Eqonex Limited has chosen to reinvest in the business rather than distribute as dividends.
